The Impact of International Students on the Australian Economy

1. Introduction

The purpose of this report is to provide an overview of the international students in Melbourne. The report will discuss the trends of international students in Melbourne, the reasons for the increase in the number of international students and the impact of these students on the Australian economy. Additionally, the report will evaluate the benefits of having international students in Australia and make policy recommendations to the Australian government regarding the regulation of international students.

2. The Victorian international student trends

There has been a significant increase in the number of international students enrolled in Victoria over the past decade. In 2002, there were 74,433 overseas students enrolled in Victoria, which represented 27 percent of total share of students enrolled in Australia (Department of Education and Training, 2004). By 2006, this figure had increased to 86,582 (30.4 percent), and by 2007 it had increased again to 93,794 (32.5 percent) (Department Of Immigration And Citizenship, 2009). The trend continued to rise in 2009, with 103,511 overseas students enrolled in Victoria, representing 33.9 percent of total share of all students enrolled in Australia (Australian Education International, 2010). In 2010, there were 119,014 international students enrolled in Victoria out of a total of 351,890 overseas students enrolled across Australia, representing a 33.8 percent share (Australian Bureau Of Statistics [ABS], 2011).

The data indicates that there has been a steady increase in the number of international students enrolling in Victorian universities over the past decade. This is likely due to a number of factors including the globalisation of higher education, the development of new marketing strategies by universities and an increase in the number of scholarships and financial aid available to international students.

3. The increase in the number of international students in Australia

There are a number of reasons why there has been such a significant increase in the number of international students enrolling in Australian universities. Firstly, there has been a globalisation of higher education which has led to an increase in university partnerships and linkages with institutions overseas (Knight & DeWitt, 2003). This has resulted in a greater flow of both domestic and international students between countries (Knight & deWitt, 2003). Secondly, universities have developed new marketing strategies to attract international students, often utilising new technologies such as social media and online marketing platforms (Cassity & Kauppinen-Räisänen, 2011). Thirdly, there has been an increase in scholarships and financial aid available to international students (Brown & Knight, 2006). This has made studying abroad more accessible for many individuals who may not have otherwise had the opportunity to do so.

4. The impact of international students on the Australian economy

The substantial increase in international student enrolments has had a significant impact on the Australian economy. In 2009-2010 alone, it was estimated that internationally mobile university students contributed $16.3 billion to Australia’s GDP (Dawson & Greenhill 2010). This figure is expected to rise to $37 billion by 2025 if current trends are maintained (Dawson & Greenhill 2010). Additionally, it is estimated that each full-time equivalent student contributes $60,000 per year to the economy through their spending on accommodation, food and other living costs (Dawson & Greenhill 2010). It is clear thatinternational student enrolments are having a positive impact on the Australian economy.

5. The Australian government’s response to the increase in international students

The Australian government has responded to the increase in international student enrolments in a number of ways. Firstly, it has implemented a range of policies and initiatives to attract more international students to Australia (Australian Department of Education, Employment and Workplace Relations [DEEWR], 2009). Secondly, it has provided funding to universities to support the growth in international student enrolments (Australian Department of Education, Employment and Workplace Relations [DEEWR], 2009). Finally, it has developed a range of programs and services to support international students during their studies in Australia (Australian Department of Education, Employment and Workplace Relations [DEEWR], 2009).

6. The impact of international students on the Australian education system

The increase in international student enrolments has had a number of impacts on the Australian education system. Firstly, it has resulted in a significant increase in revenue for universities (Australian Department of Education, Employment and Workplace Relations [DEEWR], 2009). Secondly, it has led to an increase in the number of full-time staff employed by universities (Australian Department of Education, Employment and Workplace Relations [DEEWR], 2009). Thirdly, it has resulted in an increase in the number of places available for domestic students at universities (Australian Department of Education, Employment and Workplace Relations [DEEWR], 2009). Finally, it has led to an increase in the diversity of the student population at universities (Australian Department of Education, Employment and Workplace Relations [DEEWR], 2009).

7. The benefits of having international students in Australia

There are a number of benefits associated with having international students in Australia. Firstly, international students make a significant contribution to the economy through their spending on accommodation, food and other living costs (Dawson & Greenhill 2010). Additionally, they add to the diversity of the student population at universities and contribute to the cross-cultural exchange of ideas and knowledge (Australian Department of Education, Employment and Workplace Relations [DEEWR], 2009). Finally, they provide universities with an important source of revenue which can be used to improve facilities and resources for all students (Australian Department of Education, Employment and Workplace Relations [DEEWR], 2009).

8. Conclusion

In conclusion, the international students in Melbourne have increased in the past decade due to the globalisation of higher education, the development of new marketing strategies by universities and an increase in the number of scholarships and financial aid available to international students. The increase in international student enrolments has had a number of positive impacts on the Australian economy, including a significant contribution to GDP and an increase in the number of full-time staff employed by universities. However, there are also a number of challenges associated with the growth in international student numbers, including the need for improved support services and the potential for negative community sentiment towards international students. Nonetheless, the benefits of having international students in Australia outweigh the challenges, and it is important that the Australian government continues to support the growth of this important sector of the economy.

FAQ

International students choose to study in Melbourne because of the city's reputation for being a safe, welcoming, and culturally diverse place. The city also offers a wide range of educational opportunities, from world-renowned universities to smaller specialized colleges.

The benefits of studying in Melbourne for international students include the opportunity to gain a high-quality education, experience Australian culture and lifestyle, and make friends from all over the world. Additionally, Melbourne is an affordable city compared to other major global cities, making it a great option for budget-conscious students.

Studying in Melbourne compares favorably to other popular student destinations due to its lower cost of living and tuition, as well as its large number of English-speaking residents. Additionally, Melbourne is home to a number of top universities which attract students from all over the globe.

Some challenges that international students face when studying in Melbourne include homesickness, adjusting to different teaching methods, and finding part-time work opportunities. However, there are many support services available to help international students overcome these challenges and have a successful experience studying abroad.

There are several programs and support services available specifically for international students in Melbourne including orientation programs, English language classes, academic advising services, and financial aid assistance. Additionally, many universities and colleges have dedicated International Student Offices which can provide information and support on a range of topics related to studying in Australia.

My advice for an international student considering studying in Melbourne would be to research your options carefully so that you find the right program or institution that meets your needs and interests. Once you've made your decision, don't be afraid to reach out for help – there are many people who are happy to assist you in making your transition to life in Australia smooth and enjoyable!